LATEST UPDATE: More than 300 people visit the website each day. This is much better than expected. They probably went to search the FAQs, which have been updated and are easily located under "Ask Mr. Tan".
The new website for www.tankinlian.com has been created using a new template. Please go through the various tabs in this website and give your views about its features in this survey. I am giving three tangram book prizes for contributors, to be drawn at random. In addition, I will be giving prizes to contributors who make good suggestions to improve my website.
Monday, July 19, 2010
FAQ - Land Banking
This article explains why you should avoid investing in land banking. You should also click on the label "Land Banking" to read other articles in this blog on this topic.
Economic growth and happiness
Internet banking
It was quite a big hassle to make an internet banking transfer for a one-off payment of $100 for the purchase of a book.
I have to register the payee and authenticate it with my mobile phone. The DBS web application did not show the correct verification page (due to a bug in their system), so the first attempt failed. I have to recreate the payee details a second time (including entering 5 error-prone items of information), and this time the verification went through. I proceeded to make the transfer and have to enter the 2FA again.
This transfer took 20 minutes to make this transfer, event though I am an experienced user. I have received 3 SMS messages, enter my 2FA 2 times, receive 2 verification code by SMS (one was due to a mistake) and enter the correct one into the DBS system. It is really a lot of hassle for an one-off payment of $100.
I have raised this issue many times with DBS but nothing was done to simplify or improve the system. I believe that their hands are tied, due to MAS requirements, all in the name of security. With so much hassle, it is easy for me to make a mistake, such as entering the wrong account number or amount. Instead of improving security, it is likely to cause mistakes. When will MAS wake up and come to the real world?
Tan Kin Lian
I have to register the payee and authenticate it with my mobile phone. The DBS web application did not show the correct verification page (due to a bug in their system), so the first attempt failed. I have to recreate the payee details a second time (including entering 5 error-prone items of information), and this time the verification went through. I proceeded to make the transfer and have to enter the 2FA again.
This transfer took 20 minutes to make this transfer, event though I am an experienced user. I have received 3 SMS messages, enter my 2FA 2 times, receive 2 verification code by SMS (one was due to a mistake) and enter the correct one into the DBS system. It is really a lot of hassle for an one-off payment of $100.
I have raised this issue many times with DBS but nothing was done to simplify or improve the system. I believe that their hands are tied, due to MAS requirements, all in the name of security. With so much hassle, it is easy for me to make a mistake, such as entering the wrong account number or amount. Instead of improving security, it is likely to cause mistakes. When will MAS wake up and come to the real world?
Tan Kin Lian
Police state
Read this article.
My view
It is important for the authority to act impartially in the exercise of its duty.
My view
It is important for the authority to act impartially in the exercise of its duty.
Freedom of expression
Read this article.
My view
People should be encouraged to express their views honestly and positively, without fearing how their views will be perceived by other people.
My view
People should be encouraged to express their views honestly and positively, without fearing how their views will be perceived by other people.
Marina Barrage
Some people think that the Marina Barrage could be the cause of the flood. Read here.
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